BITPAQ ApS — Credit Rating and Financial Key Figures

CVR number: 29196702
Egvadvej 11, Foersum 6880 Tarm

Credit rating

Company information

Official name
BITPAQ ApS
Personnel
1 person
Established
2005
Domicile
Foersum
Company form
Private limited company
Industry

About BITPAQ ApS

BITPAQ ApS (CVR number: 29196702) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 334.8 kDKK in 2024. The operating profit was 310.5 kDKK, while net earnings were 228.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good and Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 84 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BITPAQ ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit261.18392.12147.35333.53334.79
EBIT230.62346.81100.05310.63310.48
Net earnings182.02283.5440.54218.06228.11
Shareholders equity total1 772.751 943.301 869.241 969.492 197.60
Balance sheet total (assets)1 994.072 153.162 447.512 423.812 617.49
Net debt- 773.24- 974.77380.35252.16-25.74
Profitability
EBIT-%
ROA12.5 %17.9 %4.3 %12.8 %12.9 %
ROE10.5 %15.3 %2.1 %11.4 %10.9 %
ROI13.8 %20.0 %4.7 %13.5 %13.8 %
Economic value added (EVA)91.93177.89-29.20120.28123.87
Solvency
Equity ratio88.9 %90.3 %76.4 %81.3 %84.0 %
Gearing22.4 %14.1 %10.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.64.90.10.20.7
Current ratio4.65.70.50.61.2
Cash and cash equivalents773.24974.7738.9925.36255.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.0%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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